Sirocco Energy

About the offering

Wind turbine fit for the urban areas. 5 years of extensive R&D in predecessor company, Sirocco Energy LLC. $50 billion market opportunity. Successfully developed product & patented technology. Won FINTEC (Finance and Technology Transfer Centre for Climate Change) award by EBRD. Team: 10 People Launched: 2017 Headquarters: Palo Alto Intellectual property: Patents Pending Awards: Climate Innovation by FINTECC Financed by: European Bank for Reconstruction and Development (EBRD) Low Noise: 41dB Sound Level, 50% Aerodynamic Efficiency Little Vibration: 0.9 mm/s Max Vibration, 4 cents per kwh Affordable: 60um Max Displacement, safe for birds Customizable: 3m/s Cut-in Wind Speed, 55 m/s Cut-in Wind Speed The Future is Renewable Energy: Global energy consumption is expected to increase by 30% through 2035. Cities currently consume 75% of the world's resources and generate 80% of greenhouse gases. No effective solutions for the cities; Current solutions don't work in the cities because of the high noise and vibration levels. 200,000 MW OF ENERGY IS WASTED while transporting to the cities, as power plants are based far from the consumption points. Sirocco Energy Benefits 1. Low Noise: Sirocco Turbines produce no infrasound and have low mechanical noise. 2. Little Vibration: Possible due to a large amount of the same elements of the turbine, which are simple in shape and easy to produce. 3. Low Price: Spring damping system and small unsynchronized generators. 4. High Efficiency: Linear motion enables aerodynamic efficiency up to 50%. Wide Applicability: EV charging stations, Shopping centers, Private residences, Warehouses, Factories, Apartment complexes The US Market is Huge 23 GW - New wind turbine installations in 2020 265 GW - Renewable energy installations in the USA 4 TWh - Electricity consumption in the United States Bussiness Model - LEASING OF THE TURBINES COMMERCIAL: 58K Factories, 620MW average annual electricity consumption at a factory, $4,100 Monthly lease payment EV CHARGING STATIONS: 1,000 Stations, 120MW average annual electricity consumption at a station, $799 Monthly lease payment RESIDENTIAL: 140M Units, 120MW average annual electricity consumption at a house, $72 Monthly lease payment Accomplished: Built a dedicated team, Developed wind turbine technology, Conducted simulation and testing of technology, Received funding from the EBRD, Patented technology, Won the FINTECC Climate Innovation award Next Steps FUNDING WILL HELP US: Expand patent portfolio, Offer product customization, Increase the customer base Strengthen brand awareness, Prepare the technology for mass production Reg CF Target $1M

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